MEDIFAL: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MEDIFAL
Largest movements
- Cash +€31,093
up €31,093 (+77.4%), from €40,191 to €71,284
mainly Net result for the year (+€30,869) and Depreciation (+€14,558)
- Receivables within one year +€13,376
up €13,376 (+26.2%), from €51,094 to €64,470
of which Other amounts receivable: +€11,602
- Tangible fixed assets -€12,764
down €12,764 (-19.9%), from €64,104 to €51,339
of which Furniture and vehicles: -€13,383
- Reserves +€30,800
up €30,800 (+18.4%), from €167,440 to €198,240
of which Distributable reserves: +€30,800
- Gross operating margin -€13,638
down €13,638 (-18.5%), from €73,799 to €60,161
- Depreciation +€7,241
up €7,241 (+99.0%), from €7,317 to €14,558
- Taxes -€4,460
down €4,460 (-26.5%), from €16,855 to €12,396
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €182,413 | €213,189 | +€30,777 | +16.9% |
| Fixed assets | 21/28 | €66,104 | €53,339 | -€12,764 | -19.3% |
| Tangible fixed assets | 22/27 | €64,104 | €51,339 | -€12,764 | -19.9% |
| Land and buildings | 22 | €858 | €2,218 | +€1,360 | +158% |
| Plant, machinery and equipment | 23 | €1,261 | €520 | -€741 | -58.8% |
| Furniture and vehicles | 24 | €61,985 | €48,601 | -€13,383 | -21.6% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €116,309 | €159,850 | +€43,541 | +37.4% |
| Amounts receivable within one year | 40/41 | €51,094 | €64,470 | +€13,376 | +26.2% |
| Trade receivables | 40 | €50,419 | €52,193 | +€1,774 | +3.5% |
| Other amounts receivable | 41 | €675 | €12,278 | +€11,602 | +1,718% |
| Cash at bank and in hand | 54/58 | €40,191 | €71,284 | +€31,093 | +77.4% |
| Deferred charges and accrued income | 490/1 | €25,023 | €24,095 | -€928 | -3.7% |
| Total equity and liabilities | 10/49 | €182,413 | €213,189 | +€30,777 | +16.9% |
| Equity | 10/15 | €180,510 | €211,379 | +€30,869 | +17.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €167,440 | €198,240 | +€30,800 | +18.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €165,580 | €196,380 | +€30,800 | +18.6% |
| Profit (loss) carried forward | 14 | €670 | €739 | +€69 | +10.3% |
| Amounts payable | 17/49 | €1,903 | €1,811 | -€92 | -4.9% |
| Amounts payable within one year | 42/48 | €1,903 | €1,811 | -€92 | -4.9% |
| Trade debts | 44 | €1,903 | €1,811 | -€92 | -4.9% |
| Suppliers | 440/4 | €1,903 | €1,811 | -€92 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,317 | €14,558 | +€7,241 | +99.0% |
| Other operating charges | 640/8 | €2,442 | €2,035 | -€407 | -16.7% |
| Gross operating margin | 9900 | €73,799 | €60,161 | -€13,638 | -18.5% |
| Operating profit (loss) | 9901 | €64,040 | €43,569 | -€20,472 | -32.0% |
| Financial income | 75/76B | €50 | €203 | +€153 | +308% |
| Recurring financial income | 75 | €50 | €203 | +€153 | +308% |
| Financial charges | 65/66B | €503 | €507 | +€4 | +0.7% |
| Recurring financial charges | 65 | €503 | €507 | +€4 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €63,587 | €43,265 | -€20,322 | -32.0% |
| Income taxes | 67/77 | €16,855 | €12,396 | -€4,460 | -26.5% |
| Profit (loss) for the period | 9904 | €46,732 | €30,869 | -€15,863 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,732 | €30,869 | -€15,863 | -33.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.